IRS Training Programs

Question 1

What is the purpose of the IRS Annual Filing Season Program (AFSP)?

Accepted Answer

To encourage voluntary continuing education for non-credentialed tax preparers

Answer

To require all tax preparers to take a certification exam

Answer

To mandate that all tax professionals obtain a CPA license

Answer

To replace the Enrolled Agent (EA) designation

Question 2

How many hours of continuing education are required to complete the IRS Annual Filing Season Program (AFSP)?

Accepted Answer

18 hours

Answer

12 hours

Answer

72 hours

Answer

24 hours

Question 3

What does passing the Annual Federal Tax Refresher (AFTR) course exam allow a tax preparer to do?

Accepted Answer

Gain limited representation rights for clients whose returns they prepared

Answer

Prepare only state tax returns

Answer

Represent any taxpayer before the IRS, regardless of preparation status

Answer

Obtain a CPA license

Question 4

What is a benefit of completing the IRS Certified Annual Filing Season Program (AFSP) for non-credentialed tax preparers?

Accepted Answer

Inclusion in the IRS Directory of Federal Tax Return Preparers

Answer

Ability to audit financial statements

Answer

Access to tax court representation

Answer

Exemption from IRS penalties

Question 5

Which of the following must be included in an AFSP participant’s continuing education?

Accepted Answer

Federal tax law and ethics

Answer

Local tax laws only

Answer

Corporate finance and auditing

Answer

Estate planning